Best DEX
A

Aerodrome

AMM

Base's liquidity hub

Launch App
Total Value Locked
$650.0M
24h Volume
$180.0M
Swap Fee
0.02%
Chains Supported
1

About Aerodrome

Aerodrome is the Velodrome team's deployment on Base, Coinbase's Layer 2 blockchain. Launched alongside Base in August 2023, Aerodrome quickly became the dominant DEX with over $650 million in TVL. It inherits the proven ve(3,3) model for sustainable liquidity incentives—protocols bribe veAERO holders to direct emissions to their pools. As Base grows with Coinbase's backing and retail onboarding of over 100 million users, Aerodrome is positioned as the primary liquidity layer. Slipstream provides concentrated liquidity pools for capital efficiency on high-volume pairs.

Supported Blockchains

Features

ve(3,3) Tokenomics
Slipstream (Concentrated Liquidity)
Voting & Bribes
Ultra-low Fees
Relay Automation
Base Native

Pros & Cons

Pros

  • Largest DEX on Base by TVL
  • Extremely low trading fees
  • Coinbase ecosystem alignment
  • High bribe yields for veAERO

Cons

  • Base-only deployment
  • Complex ve(3,3) learning curve
  • New chain with less track record

Fee Structure

Swap Fee 0.02%
Maker Fee Free
Taker Fee 0.02%

Security & Info

Audited Yes
Auditors
Code4rena Spearbit
Governance AERO
Launch Date August 28, 2023

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